Breaking News

Annual Meetings Need to Change With the Times

November 22, 2005

Annual meetings need to become more relevant and in sync with a changing governance and business environment in order to survive, according to a new report by The Conference Board. Investors and executives pointed out that institutional investors have a major edge over other shareholders because they have preferential access to board members almost any time they wish. Because of that, most of what takes place at annual meetings is often redundant. Some critics question the value of open voting because institutional investors have already decided most of the issues with company executives beforehand.
Among the major suggestions for change presented by participants at the second corporate/investor summit initiated by The Conference Board’s global governance research center were to create a series of alternate forums where investors and corporate management can examine critical, long-term issues; allow shareholders to direct questions to the board in an orderly process by having questions submitted prior to the meeting and establishing virtual online annual general meetings with full voting rights for shareholders.
blog comments powered by Disqus
  • Cosmetic Chemists Head to Orlando Next Month

    Cosmetic Chemists Head to Orlando Next Month

    September 26, 2016
    Organizing Chair Guy Padulo explains why you should attend the IFSCC Congress.

  • Restoring Rembrandt

    Restoring Rembrandt

    Christine Esposito, Associate Editor||September 26, 2016
    Ranir LLC has acquired Rembrandt, an iconic name in teeth whitening, and plans to make it a staple in the value segment.

  • Active Agents

    Active Agents

    September 19, 2016
    On the surface, surfactants may seem staid, but the market, and the supplier activity driving it, is bubbling.

  • Back to School

    Back to School

    Tom Branna, Editorial Director||September 1, 2016
    It may be September, but class was in session this summer during the Private Label Manufacturers Association’s Executive Educ

  • A Sweet-Smelling Sanctuary

    A Sweet-Smelling Sanctuary

    Melissa Meisel, Associate Editor||September 1, 2016
    Home fragrance is enhanced by aromatic developments in delivery and components.

  • How Green Is Your Surfactant?

    How Green Is Your Surfactant?

    Tom Branna, Editorial Director ||September 1, 2016
    Suppliers offer a range of solutions to help household and personal care product formulators develop formulas